HDFC Bank's net profit jumps 30% to ₹11,951 crore in FY24 Q1

HDFC Bank on Monday announced its financial results for first quarter of FY24, which showed its net profit jumped 30% year-over-year (YoY) to ₹11,951 crore. The bank's net interest income also rose about 21% YoY to ₹23,599 crore during the period. Its total advances and total deposits in Q1 also jumped 15.8% and 19.2%, respectively.